The competition authorities should support rather than obstruct e-commerce in South Africa, Takealot Group CEO Mamongae Mahlare has said.
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Takealot says Amazon.com’s plans to launch its e-commerce business in the country show the market is poised for growth.
Takealot Group is pushing further into townships and growing its new grocery partnership to defend its market share, its CEO said.
Kim Reid has spent the past 10 years building Takealot Group – today controlled by Naspers – into South Africa’s largest e-commerce company. He sat down with TechCentral to reflect on his time at the helm.
Takealot Group will replace long-serving CEO Kim Reid on 1 October. The role will be filled by Mamongae Mahlare, who joins South Africa’s largest online retailer from Illovo Sugar.